Tradeweb Markets (TW) Intangibles (2018 - 2026)

Tradeweb Markets (TW) posted quarterly Intangibles of $1.1 billion for Q2 2026, down 10.06% year-over-year from $1.2 billion in Q2 2025, and down 2.6% quarter-over-quarter from $1.1 billion in Q1 2026.

Tradeweb Markets (TW) Intangibles (2018 - 2026) Analysis & Trends

Tradeweb Markets' Intangibles history runs 9 years deep, the most recent figure standing at $1.1 billion for Q2 2026.

  • In Q2 2026, Intangibles fell 10.06% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $1.1 billion (down 10.06% YoY), while the FY2025 annual figure was $1.1 billion, down 10.37% from the prior year.
  • Intangibles for Q2 2026 stood at $1.1 billion, down from $1.1 billion in the prior quarter.
  • The five-year high for Intangibles was $1.3 billion in Q3 2024, with the low at $1.0 billion in Q2 2024.
  • The 5-year median for Intangibles is $1.1 billion (2022), against an average of $1.1 billion.
  • The sharpest annual moves came in 2024 and 2025: Intangibles grew 27.48% in 2024, then fell 10.52% in 2025.
  • Tradeweb Markets' Intangibles stood at $1.1 billion in 2022, then declined by 6.34% to $1.0 billion in 2023, then climbed by 27.48% to $1.3 billion in 2024, then declined by 10.37% to $1.1 billion in 2025, then fell by 5.07% to $1.1 billion in 2026.
  • Business Quant data shows TW's Intangibles at $1.1 billion in Q2 2026, $1.1 billion in Q1 2026, and $1.1 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 5.87 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.41 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 14.12 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 246.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 3.43 Bn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 1.09 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.09 Bn
Mar 31, 2026 264.11 Mn
Dec 31, 2025 1.15 Bn
Sep 30, 2025 1.18 Bn
Jun 30, 2025 1.21 Bn
Mar 31, 2025 288.37 Mn
Dec 31, 2024 296.72 Mn
Sep 30, 2024 305.09 Mn
Jun 30, 2024 1.00 Bn
Mar 31, 2024 1.03 Bn
Dec 31, 2023 131.33 Mn
Sep 30, 2023 1.03 Bn
Jun 30, 2023 135.77 Mn
Mar 31, 2023 1.05 Bn
Dec 31, 2022 141.83 Mn
Sep 30, 2022 1.10 Bn
Jun 30, 2022 1.13 Bn
Mar 31, 2022 152.24 Mn
Dec 31, 2021 156.20 Mn
Sep 30, 2021 160.25 Mn